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of such a mission. secretary of state clinton is nonetheless talking very tough calling for assad to step down as the obama administration has done for the past 15 months, but refusing, still, to detail which consequences those would be. >> we will explore with like-minded countries what more we can do to bring the conflict to an end, but that will require the assad regime making the decision to participate in a political transition, ending the violence against its own people, and we hope that they do so because we believe, as you know, that their fall is inevitable, but it's a question of how many people will die until that day occurs. lou: the violence, and morsi protesters in the street, and large scale clashes, worst of the violence since morsi proposed his powers. a third of the aides resigned now, and more than 225 injured in the clashes since they broke out. turning to the president and his views, steering clear of my public statements on egypt or morsi or the administrations, but jay carney responded to a question on the administration's actions on the turmoil, a scripted response that
. a farewell for hillary clinton. i'm fighting a fiscal cough, so pardon that. if it's always darkest. it's clear the white house-re house-republican leaders, both sides appear to be very far apart, saluting kennedy center honorees from dustin hoffman to led zeppelin and hitting the golf links with former president bill clinton. the guy with whom he will have to make a deal to end the standoff on the fiscal cliff house speaker john boehner requested time on fox news to publicly declare the president's opening bid a nonstarter. >> i was flabbergasted. we're nowhere. >> treasury secretary tim geithner did the full ginsberg with taped appearances on all five shows. nothing will happen until budget tax rates and the ball is now in their court. >> the only thing that stands in the way of a deal right now is if a group of republican members decide there have been a block because they can't afford the wealthiest 2% of americans. >> how much is theater and how much are the two sides locked into positions that remain far apart? the president's plan called for higher tax rates on the wealthiest ame
to hillary clinton with a ringing endorsement. you'll want to see this video. michael tomasky on whether hillary clinton will make a run for the white house. share your thoughts on facebook and on twitter. we're coming right back. >>> welcome back to "the ed show." thanks for watching tonight. republicans are doing a lot of maneuvering on the fiscal cliff. president obama and the democrats have put forward a plan relying mostly on raising more revenue from the wealthiest 2% of the country. republicans rely mostly on cuts affecting the middle class and the poor and republicans aren't specific about how they get $800 billion in revenue. for the conversation, let's turn to richard wolffe, msnbc political analyst and vice president and executive director of msnbc.com. and molly ball, political reporter for "the atlantic." the republican proposal includes ryan's voucher program for medicare. we're not even a month away from the election and they are throwing up on the wall everything that was rejected. why are they doing this? >> well, i can tell you why they think they have a mandate. they a
to return to clinton era levels. obama's nemesis as he often told us are millionaires and billionaires. so why not urge that the higher tax rates be applied only to those with incomes of $1 million and not the couples earning more than $250,000. now, i'm talking pure politics, not equity in this case. can they hang their hat on the fact, okay, you're against millionaires, we'll take back their cut for the millionaires? below that they have to get the deal. >> the problem with this is chuck schumer and other senate democrats tried to offer this to republicans last time. remember the last time we did this they rejected it. >> it works for them now. they can say all we want is the schumer deal. >> right now they don't have the leverage to get the schumer deal. they rejected the schumer deal. they don't have the leverage to get it. >> here we disagree. i think they may have a case. if the bogey man is the millionaire -- >> i think that's where it's going to end up. i think that's the flektability in the negotiations at the end is over to whom the higher rates apply. >> but they don't raise tha
clinton. >> -- i'll ask michael if this was the first campaign video for decision 2016. >> good to have you with us, folks. thanks for watching. john boehner is hanging on to their ideological hats. the latest attempt to change the conversation is a plan the american people rejected a month ago. the republican counteroffer to the white house plan relies on $800 billion. the plan does not raise any tax rates on the top income earners. it also contains $600 billion in health care cuts. who has been for that? nobody. there are $300 billion in cuts in mandatory government programs and another $300 billion in cuts to agency budgets and discretionary spending. the speaker's office sent a letter outlining the plan saying new revenue would be generated through pro-growth tax reform that closes special interest loopholes and deductions while lowering rates. oh boy. it's the mitt romney plan again. the offer letter actually described the proposal as the bowles plan. republicans say the plan is based on the outline for the debt commission co-chair. the approach outlined in the letter speaker boehn
of an interventionist than hillary clinton is pillar clinton adulate at low. susan rice would be more of a humanitarian interventionists. >> we know that the talking points given by the intelligence community were altered, and we still don't know who offered them and why. -- who atlered them and why. maybe the administration allowed them to continue to sit at al qaeda is still on its heels and everything he said in charlotte. how do you get to that story when we know that the intelligence community said something else? it was changed pretty who did it? that is the scandal. >> who lost china? >> the u.n. votes for palestine as a non-voting observer state. >> progress cannot be made by pressing agree voting button in this hall, nor does passing any resolution to create a state where none exists or change the reality on the ground. >> speaking of susan rice, there she is, the u.n. ambassador to the general assembly voted on thursday by a large amount and to upgrade palestine from its status as an observer entity to an observer state. the united states opposed this, as you just heard from susan rice. why i
to eveningnd la. we are told that maybe we will go back to the clinton era taxes. now obama says it would be less than that, and that was at 39%. it is not even in the same ballpark. what did you not like about the clinton era, the pace or the prosperity and i look like a human anvil. >> so you want to go back to the clinton -- >> what was wrong with that? >> i would say let's go to the clinton era of spending. the last clinton budget was $1.7 or $3.8 trillion. i am not that good at math, but that is almost double. how do you like them apples, bill some. >> who took those apples and made us heavily in debt? >> ending big government as we know it, that's not going to happen under obama. he will get the taxes and go right on spending, bill. >> i don't know. he said he wouldn't. >> let's not gang up on bill. she turned christmas cheer into a cruel jeer. a louisiana woman rigged her lights to look like a middle finger. apparently a mess seeming to her neighbors over some dispute. probably a recipe or something. cops told sara henderson that the display was involved in obscenity laws. but then
like ronald reagan who understand this principle. bill clinton famously said the era of big government is over and the end of wel welfare as we know it. why? because government is not the answer. government is the problem. there was that other iconic democrat, the one that occupied the oval office in 1962. he spoke of the benefits of cutting taxes. president obama, i hope you're watching this. >> this can be the most important step we could take to prevent another recession. that is the right time to make tax cuts both for your family budget and the national budget. resulting from a permanent basic reform and reduction in our rate structure, a creative tax cut creating more jobs and income and eventually more revenue. it will include an across the the board top to bottom cut in both corporate and personal income taxes. the billions of dollars this bill will place in the hands of the consumer, and our businessmen, will have both immediate and permanent benefits to our economy. every dollar released from taxation that is spent or invested will help create a new job and a new salary and t
conversations about race. >>> plus, hillary clinton in 2016, this is pretty amazing, some stunning numbers about the groundwork. >>> and american internet mogul john mcafee on the run after his neighbor is found murdered. authorities are searching for him. our martin savidge went on the hunt, tracked him down, he's out front. ♪ [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. [ female announcer ] live the regular life. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally
clinton's future and her running for president in 2016? that is our question this morning on the "washington journal." you can start dialing in now, or you can contact us via social media. you can make a comment on our facebook page. you can also send us an e-mail. from "the hill" newspaper yesterday -- a new poll by abc news and "the washington post." 57% say they support a presidential bid from every clinton in 2016. -- from hillary clinton in 2016. 68% approved of her work as secretary of state. 66% hold a favorable view of clinton after her department has faced criticism over the handling of benghazi and libya. clinton also has heavy support in new york were 54% of registered voters say they would support a presidential bid by her in 2016. that is an "the hill" newspaper. we have lots of facebook comments already on this question. we want to share a couple of those with thieu. jackie says "she has my vote." williams says i think she has been a great job for secretary of state but will not vote for her for president. andy says hillary 2016. military spouses against the
. number two, as bill clinton and president obama point out, the math doesn't add up when you're trying to do this just on deductions. you need to do both deductions and loopholes and, of course, raise the rate. that's the only way the math works. and as far as hurt the economy, let me say for the 10,000th time, bill clinton raised tax rates on the top 2% in 1993 and we then proceeded to grow the economy by 23 million jobs. so, that's a bunch of bull, speaker boehner. >> let's go back to alex with the same question. i will argue that even though he hasn't specified the deductions or the loopholes he's going to close, the governor is right, there isn't enough at the top to close to make up for this advantage they have now but it seems he's accepting the moral argument. he's saying, the rich should get socked, too. that was an amazing admission for him to say to that. your thoughts. >> i agree with you. the fact that john boehner is out there saying we are asking the rich to pay more in taxes is not something they ever would have done in 2011. if you remember, math by details in the sitdo
hillary clinton has a new bff. here she is with meryl streep doing a cell to at the dinner and had a good time. both of them. >>> to politics now where nbc news has confirmed congresswoman debbie wasserman-schultz will remain dnc chairwoman. two sources say president obama will ask the dnc to sign off on his choice in january. >>> everyone is waiting to see if the president will nominate u.n. ambassador susan rice to be the next secretary of state. she's had her defenders and detractors. both were on the sunday shows. >> it is terribly unfair that she should be the scapegoat for this when really the failures ought to be at the lap of the head of the intelligence community that produced those talking points but none of these guys will say a word about david petraeus. >> when it comes to citizen rice, as far as lind jay graham is concerned i find great fault with what she said on 16th september and in other areas i find her lacking when it comes to being the best choice for secretary of state. >> former president george h.w. bush is still in the hospital. he may not be discharged until this
right, we'll shift rates, even not back to the bill clinton tax levels that the republicans say they don't want to go to, but even just back to somewhere close to that. >> but do you think, i mean, if we're talking, you know, preclinton levels, we're talking north of 39%. is there wiggle room between 35% and 39%? couldn't they just say, 37% is right in the middle, 37.5% is right in the middle. >> john boehner is used to cutting deals. he has a conference that doesn't let him do it. the tea party folk have stopped him again and again and again. he made statements in the past where he had to try to round them up very forceinally and not always with great success. enough trade bait out there. the president has been out there taxing dividend income. that's something that failed when the senate tried to do it and obviously trade bait and he didn't campaign on it and he doesn't feel strong about it. >> the escape is something a lot of folks are concerned about. >> he put it out there and it could be adjusted. once you get a range, you could strike it right down the middle. there's plenty to do
mind, you don't have to go back to the clinton era tax rates for this to be a workable deal. >> well, i think you do. >> all the way up? >> again, our proposal is to let those rates go back to clinton levels for 2% of the wealthiest americans. and combine that with tax reforms that limit deductions for the wealthiest americans. we think if you do that, alongside the spending savings, then you can put the country back on a much more responsible fiscal path. >> including getting rid of the mortgage interest deduction or the charitable giving deduction? do you think those have to be on the table and looked at? >> we have proposed -- and we did this four years ago -- a carefully designed way to limit modestly the value of all of those deductions for the wealthiest 2% of americans. there are other ways to do it. we can take a look at those ways. but there's no way you can do this in a balanced way that restores fiscal responsibility without tax rates going up. >> one of the things i've heard talking to republicans today is this notion that you want to take away congress' ability to have the
clinton's first campaign ad? i hope so. it's just another manic monday. it's "the cycle." >> i'm glad to see america's favorite nerd is back at the table. welcome, steve. i hope you feel better. >> that's nice about you. >> i wasn't talking about myself. 1823, silent films star harold lloyd gave us a thrilling moment in american history. here it is. ♪ >> there was no computer generated special effects back then. that was a literal cliff-hanger, and 90 years later it keeps you on the edge of your seat. the literal cliff-hanger is what we have in congress right now. there's little to no doubt we'll avoid doomsday, but for a while we hang over the aabyss in a daredevil stunt of our own making. this makes americans believe congress is a bunch of big, fat liars. when it comes to honesty, congress ranked so low they're second to used car salesmen. it's a fee even harold lloyd wouldn't attempt to pull off in exchange for an over climactic conclusion. today we debay tut the wheel of fortune style. we use it to determine how to refer to the debate. cliff, slope, fiesta or follies. today we g
a political point of view. when i have those same conversations with secretary clinton, i feel -- she's always supportive obviously of the president's agenda, but it's a different sense of transparency and directness and pointing out, you know, things we need to be thinking about, and i'm not saying that ambassador rice in that position couldn't end up being that way, but initially my sense of her is, and we had this very direct conversation yesterday for about 30 minutes, is i do -- i have always sensed her to be more of a political operative. i know she's steeped in policy and has spent lots of time in africa, and i don't take that away from her, but i do have some concerns. again, if she's nominated, i'm going to give her a full hearing, and i promise you it will be a fair, full hearing. >> i take you at your word, senator. it's great for you to come on. a very clear point of view you've given us. thank you for joining us on "hardball." yesterday i spoke with senator susan collins who also had concerns about ambassador rice. >> it's obvious she chose to emphasize some aspects and downplay o
at an event. we will play you the exchange. >>> it's the hillary clinton tribute video creating a lot of political buzz today. >> you've been one of the best secretaries of state in american history. finally, hillary, a lot has been said about our relationship, and here's what i know. you haven't been just one of my closest partners but a great friend. >> you can join our conversation on twitter. find us @tamronhall a anand and @newsnation. ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. reminds
about it all the clinton era tax breaks come back. do you remember the clinton era 3.8 unemployment, not bad. job creators were paying more in taxes. good ol' days, i think. republicans say bad 'ol days because they never supported the clinton era tax breaks. that's the reality. we would have time to put in place target relief for middle income teams who need it. and republicans would be freed from this pledge with grover norquist. no longer would they be voting to increase taxes. we would be giving them limited opportunities to vote to cut taxes for middle income, working families and others who need it and deserve it. unfortunately, they wouldn't get the vote on restoring the bush-era rates for millionaires and billionaires for a total of dividends down to 15% or even back to the capital gains rates of clinton era or maybe back to the reagan era. we could talk about significant revenues that would not impact or hurt 98% of the people in this country. >> eliot: i think your logic is impeccable. i'm one of those saying for a long time let them expire. our hand only gets stronger as
to the clinton tax rates. the current rates are expected to expire on new year's eve, all of them, and congressman cole has decided it's time to face reality. >> these tax rates are going up automatically unless congress acts. to save as many of them as possible. >> the newest republican defector from grover norquist's pledge has instantly become as good a sales man for higher top tax rates as any democrat. >> right now, congress can pass a law that would prevent a tax hike on the first $250,000 of everybody's income. everybody's. even the wealthiest americans would still get a tax cut on the first $250,000 of their income. it's not like folks who make more than 250 aren't getting a tax break, they've getting a tax break on the first 250, just like everybody else. >> congressman cole first said this in a closed door meeting with republicans yesterday. he said basically exactly what president obama just said and he then expanded on his comments instead of denying them or refusing to comment at all, which he could have done. house speaker john boehner, who needs other loyal republic
're a long away from that. let's just look at earned taxes, lower than they were under president clinton put in place ten years ago. and all president obama is saying let's go from 35% to the top earners, to 39.6%, same as it was under president clinton, the economy did well. it is more than just a drop in the bucket. just raising rates on people making over 250,000, would be a trillion deficit -- >> a trillion dollars, henry, is nothing to be sniffed at. some urged the party to extend the bush-era tax cuts, for the households that earn less than $250,000, to insure the taxes don't go up. who cares anyway? >> sure, there is a point in there. i might dispute the numbers. i would argue as the members of my party, i would argue that we have a spending problem. as opposed to a revenue problem. to my friend steve's remark, about the clinton tax rates, that sounds great to go back to 39%. and yes, that was a time of balanced budgets. but actually, those balanced budgets bear little resemblance to the tax rates. in the clinton years, in the latter clinton years, one, we were in peace time. and two,
is that look, what's wrong with us going back to quite frankly the rate under bill clinton? you remember the clinton years? the largest economic expansion in our history? everyone's boat rising, everyone paying their fair share, deficit reduction, the middle class growing. the problem with what republicans want to do right now, wolf, is they want to lock in this tax rate that you have to sort of address the tax rate. we cannot have a tax rate locked in where they starve the government so that the middle class has to sort of pay more of the share for the burden of government, and you know what, we end up cutting away those programs, those things that help grow opportunity for the middle class. the number one problem with our country right now is sort of the shrinking and burden on the middle class. if we want to sort of expand the middle class and grow the middle class, the last thing we can do is sort of put more of that burden on them as opposed to asking the wealthy people to pay their fair share, like what they paid in the clinton administration. >> okay, cornel, let me say this. >> m
and really talk, you can get a lot done. but i always remind people, clinton had been governor. as governor, he had spent years negotiating with legislatures. so when we took control of the congress, we sort of got the dance. he and i spent i think 35 days face to face. it wasn't that my staff will meet with your staff and eventually, we will have a brief phone call. that's nonsense. you have to be in a room. have you to listen to each other. >> so, where's president obama today? well, he was not in washington. he was at a toy factory in pennsylvania. to many, he seems to be back on the campaign trail, campaigning for fiscal ideas. governor palin, speaker gingrich, who has battled with president clinton, said you have to sit down face to face. this is being outsourced. how should this be resolved? how woo do we get the parties to talk? >> speaker gingrich knew than as he does now, the house of representatives holds the purrs string, they can unfund many of the things that are a result of obama's failed socialist policies when it comes to our fiscal situation. peeker gingrich knows, they don
to sit and really talk, -- i always remind people, clinton had been governor, he years negotiating with legislatures. when we took control of the congress, we sort of got the dance. he and i spent 35 days face-to-face, it wasn't this my staff will meet with your staff and we'll have a brief call. nonsense. you have to be in a room. you have to listen to each other. >> greta: where is president obama today? he was not in washington. he was at a toy factory in pennsylvania. to many he seems to be back on the campaign trail, campaigning for his fiscal ideas. governor palin, speaker gingrich who has battled with president clinton on big issues says you have to sit down in the same room, this is being outsourced. how do we get these parties to talk? >> speaker gingrich knew then as he knows now, the house of representatives has great power because they hold the purse springs they can unfund many of the things that are the -- pursestrings they can unfund many of the things. speaker gingrich knows they don't have to concede and capitulate they can be at the table and exert the authority t
to scary. concerns over chemical weapons has secretary clinton conferring with her russian counterpart today to try to avoid deadly developments. >>> an nbc news exclusive, afghanistan's president hamid karzai talks about his country's future and ongoing insecurity and blames the taliban of course. guess who else? nato and the united states. good morning from washington. it's thursday, december 6th, 2012. this is "the daily rundown." i'm chuck todd. let's get right to my first reads of the morning. today's fiscal cliff photo op of the day is going to be in suburban northern virginia when the president will remind the public yet again that without a budget deal taxes will go up on 100% of americans at the end of the year. he'll visit the home of a middle class family who shared their story through the white house's hash tag my 2k social media campaign. >>> with talks and a public stalemate on wednesday the president called speaker boehner their first conversation of the week. the two sides agreed on one thing. they wouldn't characterize the conversation. aides even refused to say how lo
clinton holds emergency talks with russia as u.s. officials confirm reports that the syrian military is prepared to launch chemical weapons against its own people. >> we've made it very clear what our position is with respect to chemical weapons and i think we will discuss that and many other aspects. >> the whole world is watching. the whole world is watching very closely. and the president of the united states has made very clear that there will be consequences. >> plus, sharp criticism from afghan president karzai. the exclusive nbc interview. why he says the u.s. is partly to blame for the growing instability in his country. >>> and the duchess of cambridge leaves the hospital after being treated for acute morning sickness. her royal father-in-law couldn't be happier. >> i'm not a radio station? >> grandfather, that's splendid. that's great she's getting better. >> good day, i'm chris cillizza in for andrea mitchell live in washington. behind the bluster and the rhetoric, what happens going on behind the scenes in the budget negotiations? and big breaking news in this town. senat
's go from 35% to 39.6% the same as it was under president clinton the economy did very well and it is more than just a drop in the bucket. just raising rates on people making over $250,000 would be a trillion dollar over the next ten years. >> $1 trillion is not to be sniffed at. some broke with the leadership and urged his party to extend the tax cuts to ensure that their taxes don't go up. he has a point there. who cares. >> sure, there is a point in there, i might dispute the numbers. i would argue, as the members of my party, that we have a spending problem as opposed to a revenue problem to my friend steve's remark about the clinton tax rates that sounds great to go back to 39%. but, actually, those budgets bear little resemblance to the tax rates. remember, in the latter clinton years, we were roughly at peace time and two, they had been a capital gains tax cut as part of the 1996 tax package. there happened to be a small thing at that time called a technology boom that it led to a bubble. and there were tax revenues there. pointing to a marginal tax ra rate -- >> ther
erratically, and licking the bars of his cell. >>> secretary of state hillary clinton is in the czech republic where she is trying to convince leaders to choose u.s. company westinghouse over a russian rival for a $10 billion nuclear reactor project. >>> 88-year-old former president george h.w. bush remains at a houston hospital in stable condition. four days after being admitted for a lingering cough related to bronchitis. >>> authorities in japan have confirmed at least nine deaths in sunday's highway tunnel collapse outside of tokyo. >>> old south church in boston plans to auction off a copy of a rare hymn book published in 1640 worth between $10 million and $20 million. >>> finally, some strange news out of north korea to tell you about where state media is reporting the discovery of an ancient unicorn layer. how do they know? archaeologists claim that they have found an ancient rock that contains the words "unicorn layer." of course. >>> and now here is your first look at this morning's dish of "scrambled politics." actress meryl streep and secretary of state hillary clinton were having w
of state hillary clinton's next move. she could become america's next great mayor? >>> and also, new psychiatric manual defines binge eating as a mental illness. we'll bring ut details. first, let's get the news live at 5:30 a.m. by our partially deaf news anchor here. >> with 27 days to go for negotiating until a year end deadline, the white house is wasting no time rejecting the republicans' fiscal cliff counter offer on tax reforms and spending cuts. the gop plan consists of $2.2 trillion in saving officials a decade including raging the age for medicare from 65 to 67 and lowering the cost of living increases for social security benefits. they also propose overhauling the tax code to generate $800 billion in new revenue but without raising taxes on the wealthy. frn in a letter to the president, republicans attempted to sell the offer as the erskine bowles plan, comparing it to the same offer he drew up last year. >> i think he'd disagree. >> the co-chair of obama's deficit commission, but yesterday mr. bowles flatly rejected that connection. meanwhile, the white house is turning t
obama and secretary of state hillary clinton issued strong warnings to syria's president assad, there would be strong consequences if he used chemical weapons. >> it is the point of no return there would be strong consequences if >> they would lose any sort of backing they had with china and russia, in terms of blocking the vote. and it is a suicide mission ia, f >> reporter: the chemical mix is devastating. iraq's saddam used it in 1988. killing 5,000 kurds 1988. u.s. officials stress tonight u.s. officials stress tonight that as of now these weapons remain in the depots have not been loaded on to any planes, and that president assad has not given any orders to use them. but officials here concede if he does there is very little the outside world can do to stop it. >> well, there you have it, this complicates the chaos in the world, making for another difficult situation in the u.s. and others, our chief foreign affairs correspondent, andrea mitchell, is in washington. here we go again, the american public not anxious to hear about any u.s. military involvement anywhere else o
but not clinton era more. 38%, that is potentially a significant development, it could be a deal maker, he is why, president says he -- republicans to give in on having rich pay more taxes, republicans could say as least as not as much more. in a sense, it splits the tax revenue difference. there is still a long way from the deal. but clearly sign yet that this president, who has been attacked for not being flexible on spending cuts, by not cutting anybody. what to make of it? tom fanning. and former bush front economic director todd. erin, what are we to make of this? do you get a sent from this, that this is the making of a middle ground deal? >> i think it is. i was up on capitol hill today. john boehner had a press conference followed one by senate democratic leaders, they were both chest thumping saying neither side of getting closer, but privately they are, republicans know that at some point they are going to have to give in and rates will increase because. democrats are saying they will not concede on raising rates. it is just been announced went last couple minutes that white house put a
's calculation politically. if you look at the reagan's presidency and clinton's, the one reason they had successful terms, they had growth. clinton 4% growth. more than 4% and reagan chose to that. that buoyed public sentiment that helped their approval ratings throughout enormous revenues that they could use. if obama gets a recession in the second term after the slow growth of the first term, he's dead in the water. he can't afford that. >> yes, but ball there's a whole economic school, we call it keynesian, which says that when the economy is slow and not growing, government has to step in and play the role of the engine of growth, by spending money. this is something that the democrats believe in religiously, and they think that the only way to get the economy growing again is to spend a lot of money from the government. that's where the problem comes in. >> all right. when we come back. as he prepares for a second term. president obama faces the prospect of assembling a whole new national security team. a closer look who could fill the top post and a preview of the controversies to
Search Results 0 to 49 of about 483 (some duplicates have been removed)